5000 Templeton Street 5218006031
Los Angeles, CA, 90032
$1,990,000
Beds
0 Baths
SqFt
1.27 Acres
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Prime multi-development opportunity in El Sereno featuring one RD-3 front lot and seven RD-1 vacant lands, perfect for maximizing land value and future developments. The existing 1,611 sqft home offers 5 bedrooms, 2 baths, a 2-car garage, a 450 sqft suite with a kitchenette, and an additional 300 sqft storage basement, all renovated in 2023. The RD-3 front lot allows for up to 7 units, while the seven RD-1 vacant lots on an up-sloping hillside boast breathtaking 180° views of East LA and the San Gabriel Valley, ideal for new condo or SFR developments. Developers can consolidate all parcels into one large lot for a high-value project. Conveniently located near major freeways, just minutes from DTLA, City Hall, Grand Park, MOCA Museum, Grand Central Market, Fashion &#38' Jewelry Districts, Keck Medicine of USC, Dodger Stadium, and more, this property offers endless potential for investors and developers alike.
LISTING AGENT: Jack Tsai
LISTING BROKERAGE: Exp Realty of California Inc
5000 Templeton Street 5218006031
Los Angeles, CA

Property Details

Price:
$1,990,000
MLS #:
TR25040957
Status:
Active
Baths:
0
Address:
5000 Templeton Street 5218006031
Type:
Land
Neighborhood:
621elsereno
City:
Los Angeles
Listed Date:
Feb 25, 2025
State:
CA
ZIP:
90032
Lot Size:
55,225 sqft / 1.27 acres (approx)
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6-10 Units/ Acre, Lot Over 40000 Sqft
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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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